States / New York / S 7031

S 7031 In Committee

Relates to overdraft fees charged by banking organizations

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Requires banks to report to the superintendent annually on the amount of revenue earned from overdraft fees; prohibits banks from imposing overdraft fees during a ten day grace period; regulates the imposition of overdraft and NSF fees.

Chamber
Senate
Introduced
Mar 28, 2025
Last action
Jan 7, 2026 — REFERRED TO BANKS
Session
2025-2026
Momentum
27 · Low